Search
4-Unit Strip Mall with Overhead Door
For Sale
$299,500

2581 S US 23, Alpena, MI 49707

Commercial Sale, Alpena, MI

Property Size10,000 SF
Lot Size0.64 Acres
Price / SF$29.95
Days on Market50

Property Features for 2581 S US 23

General Information

Property type Commercial Sale
Property subtype Retail
Zoning B-2
Parking features Parking Lot
Subdivision Diamonds Point Assrs
Directions Werth Road and US 23 South.
Standard status Active
APN 018-103-000-201-00
Size 10,000 SF
Lot size 0.64 Acres

Taxes and HOA fees

Tax Description DIAMONDS POINT ASSESSORS PLAT LOT NO 201
Legal Description DIAMONDS POINT ASSESSORS PLAT LOT NO 201

Utilities

Sewer type Public Sewer

Building Details

Floors in Building 1
Building materials Block
Listing Agency: Banner Realty
Listed By: Margie K Haaxma · License #6506003422
Added: Jul 20 Changed: Aug 26 Last Checked: Sep 7 at 10:06PM
MLS# 201841646

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4-unit strip mall contains 10,000 square feet and four restrooms, with block construction and a dedicated parking lot. One unit includes an overhead door that supports storage and delivery access. Recent property updates include a new roof, a new furnace, and new carpeting in two units.

Located at 2581 S US 23 in Alpena, the property sits on 0.64 acres and has recently blacktopped and striped parking. The site is served by public sewer and is zoned B-2, providing a defined commercial setting for its existing multi-unit configuration.

Key Highlights

  • 4‑unit strip mall with 10,000 square feet of building area
  • One unit includes an overhead door for storage and delivery access
  • New roof and new furnace

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Electrical Service Pharmacy Plumbing Service Spa & Massage Center Kitchen & Bath Showroom Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Superstores 40% Electronics 9%
Big Lots Superstores
12,356 visits/mo 0.2 miles
Shell Shops & Services
9,860 visits/mo 0.4 miles
Jo-Ann Fabric and Craft Shops & Services
5,922 visits/mo 0.2 miles
Verizon Electronics
2,776 visits/mo 0.4 miles

Demographics for 49707, MI

22,243
Population
11,974
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
215.4 sq mi
ZIP Area
103
Density / Sq Mi
$50,699
Median Household Income
$32,208
Median Earnings
$642
Median Rent
$134,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - B-2-zoned retail property with a paved parking lot and public sewer.
Where is this strip mall located?
The property is located at 2581 S US 23 Alpena, MI.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 4‑unit strip mall with 10,000 square feet of building area; One unit includes an overhead door for storage and delivery access; New roof and new furnace
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message